Normal
Trading update: Comments on trade management as the portfolio goes sideways.The prices of most of our trades have been dipping and going sideways. Hey, we can't win every week. I've raised most of the exit triggers today to reduce some downside exposure. Every % we save goes into the bank. You'll see the current exits at the EOW review tomorrow. There is no need to have our exit triggers too tight while the market consolidates at this level.While this portfolio is fully invested, of course there are other stocks charging higher (SMA, LYC, TNE ... ). We can't get into all of them. Don't worry about them. There will be others when we have cash available. We've had a run of good luck and now we wait for our next period of good luck.
Trading update: Comments on trade management as the portfolio goes sideways.
The prices of most of our trades have been dipping and going sideways. Hey, we can't win every week. I've raised most of the exit triggers today to reduce some downside exposure. Every % we save goes into the bank. You'll see the current exits at the EOW review tomorrow. There is no need to have our exit triggers too tight while the market consolidates at this level.
While this portfolio is fully invested, of course there are other stocks charging higher (SMA, LYC, TNE ... ). We can't get into all of them. Don't worry about them. There will be others when we have cash available. We've had a run of good luck and now we wait for our next period of good luck.
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